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SME

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Finance

03 May, 2022

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies Private Ltd, on Tuesday ......

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Biz2Credit sharply cuts pre-IPO fund raising target owing to market volatility

Finance

26 April, 2022

Biz2Credit sharply cuts pre-IPO fund raising target owing to market volatility

SME fintech lending platform, Biz2Credit has sharply pared its pre-IPO fund-raising target to $150-200 million (Rs 1,147-1,529 crore) compared to ......

Leo Capital, iSeed Ventures, others bet $3.5 mn on fintech firm EximPe

TMT

12 April, 2022

Leo Capital, iSeed Ventures, others bet $3.5 mn on fintech firm EximPe

Business-to-business (B2B) fintech firm EximPe on Tuesday said it has secured seed funding of $3.5 million (around Rs 27 crore) ......

BharatPe's Suhail Sameer, Stellaris, others back supply chain firm Locofast

TMT

01 March, 2022

BharatPe's Suhail Sameer, Stellaris, others back supply chain firm Locofast

Locofast Online Services, which runs supply chain platform Locofast, has said it raised Series A funding of   $15 million (around ......

Inflection Point Ventures leads $1.2 mn bet on We Founder Circle-backed HealthySure

Healthcare

16 February, 2022

Inflection Point Ventures leads $1.2 mn bet on We Founder Circle-backed HealthySure

Safetynet Innovations Pvt Ltd, which runs insurtech platform HealthySure, on Wednesday said it has raised $1.2 million (around Rs 9 ......

Cred's Kunal Shah, Y Combinator, others back SME-focused platform Swipe

TMT

11 February, 2022

Cred's Kunal Shah, Y Combinator, others back SME-focused platform Swipe

Nextspeed Technologies Pvt. Ltd, which operates fintech platform Swipe, on Friday said it has scooped up $2 million (around Rs ......

Japan's JICA to invest in climate-focused Neev Fund II

Finance

24 December, 2021

Japan's JICA to invest in climate-focused Neev Fund II

JICA (Japan’s International Cooperation Agency) has agreed to invest an undisclosed sum in Neev Fund II (SVL-SME Fund), a small-and ......

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Finance

23 December, 2021

IIFL Wealth, others invest $53 mn in TPG Growth-backed SK Finance

Private equity-backed SK Finance (formerly Ess Kay Fincorp), a Jaipur-based unlisted used-vehicle and SME financier, has closed its Series F ......

Tribe Capital, OfBusiness co-founders, others invest $7 mn in SME-focused TranZact

Manufacturing

16 December, 2021

Tribe Capital, OfBusiness co-founders, others invest $7 mn in SME-focused TranZact

TranZact, a small and medium enterprise focused software as a service (SaaS) start-up, has raised $7 million in Series A ......

InsurTech Platform HealthySure raises Pre-Series A from We Founder Circle, others

Healthcare

06 December, 2021

InsurTech Platform HealthySure raises Pre-Series A from We Founder Circle, others

Mumbai-based HealthySure has raised an undisclosed sum in a pre-Series A funding round from We Founder Circle and other marquee ......